Category: ROOT

California hospital names interim replacement for fired CEO

Mary Casillas, COO of Hazel Hawkins Memorial Hospital in Hollister, Calif., was appointed interim CEO of the organization, according to an Oct. 31 news release shared with Becker’s.  

10 RCM headlines from October to know

From a report finding that 27 percent of health system leaders have pursued outsourcing revenue cycle functions this year, to revenue cycle leaders sharing their biggest 2022 accomplishments, here are 10 RCM stories Becker’s published in October:

A first: Researchers find RSV, influenza can fuse together to create hybrid virus

For the first time, researchers have observed that respiratory syncytial virus and influenza viruses can merge to create a hybrid virus capable of evading the immune system, according to findings published Oct. 24 in Nature Microbiology.

CMS penalizes 2,273 hospitals for high readmissions: 6 things to know

CMS evaluated two and a half years of readmission cases for Medicare patients through the Hospital Readmissions Reduction Program and penalized 2,273 hospitals that had a greater-than-expected rate of return, according to a Nov. 1 report from Kaiser He…

VCU Health to unseat CEO

Richmond-based Virginia Commonwealth University is preparing to unseat Arthur Kellermann, MD, as health sciences senior vice president for the university and CEO of VCU Health System, the Richmond Times-Dispatch reported Oct. 31, citing three sour…

JPMorgan creates healthcare venture capital team

JPMorgan has launched a healthcare venture capital team targeting the life sciences. 

How HCA, Tenet, CHS and UHS fared in Q3

While revenues were mixed during the third quarter for the major for-profit hospital operators, net income was universally down for these companies.

Healthcare billing fraud: 10 recent cases

From a former Tenet executive asking a judge to throw out a $400 million fraud case, to a Texas physician pleading guilty for his role in a $54 million scheme, here are 10 healthcare billing fraud cases Becker’s has reported since Oct. 17. 

Tennessee to grant $230M to health resiliency programs

Tennessee is launching a $230 million grant program to improve medical services at a wide range of facilities across the state including acute care hospitals and long-term care sites, the Tennessee Department of Health said in a release Oct. 27.

Encompass reports increased revenue, lower net income

Birmingham, Ala.-based Encompass Health, the largest owner and operator of inpatient rehabilitation hospitals in the United States, has reported increased operating revenue of $1.09 billion for the third quarter of 2022.